Mining Profits Tax

My goodness this latest announcement by the Feds has unleashed a bit of a storm in a teacup.

All to be expected from the mining companies - because they have been getting a free ride for decades.

But the amazing thing is the bleating by the numbnuts in the coalition and the WA liberal state government. Whose interests are they looking after anyway? Obviously not yours or mine or our neighbours or our friends and family.

Fortunately Australians can see through this smokescreen - and understand that the mining companies have been making hay while the sun shines - at the expense of the rest of us.

Believe it or not, the resources of the nation belong to the nation - not the mining companies. Or even the state governments.

And those who mine and extract these resources need to pay a fair price for access - which is something they haven't been doing for a long while.

Kevin's new arrangements are both fair and equitable - but as usual all those mining bosses who have been lining their pockets with (almost) free money now will be required to pay a fair price to rape and pillage.

The best thing though is that the mining industry employs few people and so while they will bleat and threaten it won't amount to much because they have no leverage - employing only around 1% of the Australian workforce.

Now if they were manufacturing something then the government would be cowed. Just goes to show what happens when you try to exercise power without responsibility.

And someone please have a quiet word to the Libs about this. Tell them to do a bit of research and get some feedback from the people of the nation - who welcome it as being long overdue. Tell them that their incessent bleating only makes them look like the fools they obviously are.